This page gives some of the same information as well as more.Recommended: Read belowabout Grandpaand his lost wealth.

OUR RESEARCH GROUP ONLINEThe Macro-economic Design Group’ was founded by Edward Ingram a few years ago. - the home page of themain macro-economic-design website summarises the book. The remainder of that wwebsite esxplains in detail a lot of the book one topic at a time. Our core members are on page 3 of that site.HOWW TO JOIN US - scroll down to the end of this page.

DEFINITION

Macro-economic Design is the study of macro-economic structure, framework, foundations, or architecture - how it affects the stability of the economy and how that can be managed.

The economic Architecture is the way we do things – how we borrow, lend, create money, and manage currencies, interest rates, and taxation. Based upon well understood pricing, economic, and engineering principles, whichever viewpoint you take, we have got it all wrong.This unbalances economies and in the pocess creates mayhem and exploitation of the masses by those that can. They are paid to be ahead of the game. It is not their fault. "It is the economy, stupid" - A well known quote fom election time..

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ENDING EXPLOITATION OF
THE MASSES

All of these proposals could be said to be aimed at ending exploitation of the masses by the financial institutions.

What is not generally known is that Parts 1 and 3 of
the

forthcoming book will consolidate the
proposalmade in Part 2 and being discussed in the UK Parliament.

The book is said to be the most comprehensive
'concept book' on the subject of economic stability and finance yet seen.

This page (below) gives readers a clear taste of the book. The front and back cover and the preface pages can be viewed HERE

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REMINDERBULL POINT NUMBER 8

PROTECTING WEALTH AND BORROWERS

Part 1 of the book prepares the ground for Part 2 (money creation)
by describing how to create a self-adjusting economy that can adapt and
protect (adjust) if too much new money is created. Inflation will be created but everything, all prices and incomes, will adjust.

WHAT MAKES FINANCIAL STABILITY?

Financial stability is not a matter of preventing change. It comes from the ability to adapt without harm.

The proposals will enable lenders and borrowers to protect
themselves from volatility of mortgage and other debt repayments as interest
rates aand the value of money changes. At the same time the wealth of lenders
and investors in government and private debt will be protected. The value of
government debt will be stable, no matter what. This will reduce the cost of
borrowing and help to stabilise the whole economy.

WHY HAS THIS NEVER BEEN DONE BEFORE?

One reason is that the mathematics that under-pins this research
has never been done before.

Another reason is that economists have always thought of wealth
protection as protecting purchasing power. This is wrong.

DEFINING WEALTH

The book starts with an example:

Grandpa

The purchasing power of 100 years ago is
not going to provide any useful sum. For example, if your grandpa had been
exceedingly wealthy he might have set up a trust fund to be invested in
bonds whose capital value was index-linked to prices, a process that
increases the money in the fund at the same pace as prices - if that had been
possible.

If Grandpa had placed 20 National
Average Incomes' worth of money into that trust fund, (that is around half
an average person’s lifetime income), by now there would only be one
National Average Income left. That is because incomes usually rise faster than
prices.

The assumption here is that incomes generally rise by around 3%
p.a. faster than prices making us all wealthier. That is with the exception of
those whose savings are index-linked to prices. Everyone else benefits at the
expense of Grandpa's savings.

The same applies when interest on savings is taxed on that part of the
interest which would preserve wealth. It is a wealth tax.

The book goes on to explain that this kind of mistake is
preventing lenders from protecting wealth, as is tax on interest. WHY SAVINGS AND HOUSING ANDEVERYTHING TO DO WITH DEBT IS UNSTABLEThe book explains how the way that
nominal rates of interest are used to determine how much can be lent and what
the level of repayments should be is a wrong way of doing these things. The to main parts of the interest rate, wealth preservation and wealth transfer from borrower to lender are not given separate roles in lending and repayment ratee.This means that

Interests rate changes needed to restore the lost value of money are
distorted,

The housing sector is distorted,

Government borrowing costs are much
higher than necessary because their fixed interest and index-linked Bonds are risky to the lenders' wealth,

Risk levels in the whole of the private sector are
higher than they should be,

Everything costs more...the list is endless.

HOW TO SOLVE COMPLEX PROBLEMS

One thing that is well known to engineers, doctors, and social workers is that if anything is
not done 'by the book' everything in a complex system like an economy, a human
body, a social group, a productions line, is at risk of being badly affected.
One problem creates another and another and another.

So by correcting this one mistake WE CAN REMOVE ALL OF THE ABOVE PROBLEMS AT A STROKE. We can make everyone feel safer,
be safer, saving money, saving time, saving resources, and generally boosting
the economy.

In effect we are currently mis-pricing mortgages, repayments,
property values, government and other bonds, and thereby distorting the whole
economy.

These distortions are preventing the central banks from raising
interest rates – confusing everyone in the process.

If these prices are allowed to be right and not distorted by the
incorrect financial architecture, (the way we do these things),then the MSA will not need to worry about
'getting it right'. Any imbalances, any problems caused by excess money creation, will self-adjust.

Financial stability is not about fixing the prices of things. It is about adjusting them in a smooth and
painless way. If everything in the economy, the price of mortgages, of interest
rates, of currencies and so forth was not distorted, then the whole economy
would no longer be at risk from any of these things.

People would be safe financially and the instabilities that provide the means for the 'scams' that rob people
of their wealth and business plans and their homes, would end.

THE ADVANTAGE FOR THE MSA

Precision and enormous amounts of data and analysis will not be
needed by the Central
Bank / MSA before they decide how much new money to create. Wealth, debts,
borrowers, lenders and investors will automatically adjust without confusion or
hardship.

Part 3 of this book explains how the proposed new
money creation method will assist economies to create a new currency management
system.

END OF CURRENCY WARS

This will protect the domestic economy of nations from currency wars that currently are enabled as unwanted money comes in and out from foreign investors. Forex Reserves will not
be able to get in and out - leaving the price of currencies to balance trade.
Trillions of dollars held as Forex Reserves and other international investors and speculators in currencies will not also be affecting the
price of the currency, mis-pricing a third of the global economic goods and
services.Currency risk will be insurabel but it will be much cheaper and it will be done in the local currency like any other insurance.

Without this additional
arrangement in place some of the good work in Part 2 (the new money creation
method) may be wasted. Money supply will still be variable.

A draft of the book is available to MPs and academics willing to assist with finailising it on request by SMS or telephone to:

+263 772 900000

OR contact Chris Lindesay

whose email MPs may have revieved this morning.

Because of Spammers...

...it is a bad idea to give email addresses on websites.

OBTAINING THE BOOKThe date of publication can be sent to you by email. Contact the author by SMS giving your name, counntry and email address.

The author can be contacted by text message or by telephone - on +263 772
900000.

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FURTHER READING IF INTERESTED

MORE ABOUT THE BOOK AND US

There is some repetition.

The book comes highly
recommended from university professors and a
senior member of the Reserve Bank of India, Dr. R N Mishra. It is written in
simple English for all interested people to understand.

The book,ISBN 978-0-7974-9556-2, is due to be published very soon. A
lot of extracts and ideas that are contained in the book as well as research
results are already published either on the following website: